Healthcare Supply Chain Technology Powers Vital Feedback Loop
On a regular basis, supply-chain analysts sit down with physicians to look at outcome data by product. If they can't spot a better outcome on their preferred products, doctors support management during price renegotiation with vendors.
Now, those outcome metrics are being brought into a data warehouse for real-time access, Arruda says. "The challenge has been [that] a lot of times… when you're trying to go from the old product to new product, many times behaviors will change, where doctors will decide not to support that product you said you were going to move to," he says.
"Or there could be a new product that comes onto the market, therefore what you said you thought you were going to save may not be realized."
With a new metric called price-per-unit, IU Health's data warehouse can track each product by its UNSPSC code.
For the uninitiated, UNSPSC stands for United Nations Standard Products and Services Code, a taxonomy of products and services used in eCommerce. Supply chain technology is far bigger than healthcare, and doesn't just have big implications for getting the highest-quality products at the lowest prices.
It gets into issues of product safety, the proliferation of counterfeit goods, and chains of trust between suppliers. For a good background, see a podcast released this week by Dana Gardner, "Forging Trust Within the Supply Chain."
- FDA hopes hospitals will switch to newly regulated pharmacies
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- New G-Codes to Pay Doctors for Broad Array of Non-Face-to-Face Care
- States Rejecting Medicaid Expansion Forgo Billions in Federal Funds
- Why You Should Involve Patients in Nursing Handoffs
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- Substance Abuse Resurfaces Among Anesthesiologists in Training
- Douglas Hawthorne—A Chance to Do Something Big
- Safety Net Executives Renew Call to Preserve DSH Payments
- The Most Polarizing Topics in Healthcare IT